Korea
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Shipbuilding
Trade deal could open U.S. market for Korean nuclear industry
Korea’s nuclear industry is poised for significant growth following the inclusion of nuclear energy in a $200 billion strategic investment…
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Shipbuilding
Korea and U.S. finalize $150 billion shipbuilding cooperation package ahead of August deadline
In a significant development for the shipbuilding industry, South Korea and the United States have finalized a tariff agreement that…
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Shipbuilding
Korea Leverages Shipbuilding in U.S. Trade Talks
Korea is strategically positioning its shipbuilding industry as a pivotal asset in ongoing tariff negotiations with the United States. Industry…
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Shipbuilding
Japan revives shipbuilding industry to compete with Korea in US market
In a strategic move to revitalize its shipbuilding industry, Japan has announced the establishment of a national shipyard and plans…
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Marine Accident
South Korean-Flagged Container Ship Suffer Engine Room Fire Near Japan
A global marine claims management and recovery services company reported that on 21st January, fire broke out in the engine…
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Shipbuilding
Shipping’s $188B Ordering Spree is Overloading Global Capacity
The global shipbuilding industry is experiencing a significant surge in orders, the largest since the financial crisis of 2008. Shipowners…
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Shipbuilding
HD Hyundai Advances Autonomous Ship Technology
In a significant leap towards the future of maritime navigation, HD Hyundai has achieved a major milestone in autonomous and…
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News
LR and KRISO join forces on verification and validation in marine autonomy
A significant partnership between Lloyd’s Register (LR) and the Korea Research Institute of Ships & Ocean Engineering (KRISO) has been…
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News
MSC Boxship Sets New Record for Panama Canal Cargo Capacity
The Panama Canal has once again made headlines with the transit of the MSC Marie, now the largest cargo capacity…
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News
HD Hyundai Acquires Leading Fuel Cell Company Convion For $80 Million
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), a subsidiary of HD Hyundai, has strategically acquired a majority stake in…
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